Mazagon Dock Shipbuilders Ltd. · NSE:MAZDOCK
Mazagon Dock Shipbuilders — Investor Presentation (December 2024)
33 slides from Mazagon Dock Shipbuilders's investor presentation, Dec 6, 2024
Slide 1: Intimation of Investor Meet Schedule
12704102 @) e ATErTie i Rfacssd e [Cuskacacakec)] ) Mazagon Dock Shipbuilders Ltd. (Formerly Mazagon Dock Limited) {A Govt. of India Undertaking} Siwarg Ts, AT, YEE-400 010 Dockyard Road, Mazagon, Mumbai - 400 010 Certified - 1SO 9001 Company CIN : L.35100MH1934GOI002079 wad wwiw: Ref. No. i /BSENSE
Slide 2: Corporate Presentation December 2024
Corporate Presentation December 2024
Slide 3: Disclaimer
Disclaimer THIS PRESENTATION (“PRESENTATION”) IS NOT AN OFFER TO SELL ANY SECURITIES OR A SOLICITATION TO BUY ANY SECURITIES OF MAZAGON DOCK SIHPBUILDERS LIMITED (THE “COMPANY”). The material that follows is a Presentation of general background information about the Company’s activities as at the da
Slide 4: Agenda
Agenda Particulars Slide # Company Overview 4 Financial Statements 8 Leadership & Senior Management Team 11 Key Investment Highlights 13 Strategy & Government Push 25 Awards & Recognition 28 Annexure 30
Slide 5: Company Overview
Company Overview
Slide 6: Brief Company Overview
Brief Company Overview Key Customers Mazagon Dock was first constructed in 1774 as a small dry dock, Incorporated as a Private Limited Company in 1934. Taken over by the Govt. of India in 1960. Listed at BSE and NSE in Oct 2020 Conferred ‘Mini-Ratna – I’ status in 2006 and Navratna in 2024 by Go
Slide 7: The Journey So Far
The Journey So Far 2021 and 2022 • Delivery of three platforms viz. 3rd & 4th Scorpene class submarine, INS Karanj & INS Vela respectively, and 1st P15B missile destroyer, INS Visakhapatnam in 2021 • Historical Double Launching of a missile destroyer “Surat” and a stealth frigate “Udaygiri” on 17 Ma
Slide 8: Stock Overview
Stock Overview Shareholding Pattern Stock Overview Public Others DIIs CMP (in Rs) 4,519.50 13.28% 0.43% 1.01% FIIs 1.45% 52 Week High (in Rs) 5,859.95 52 Week Low (in Rs) 1,797.10 The Market Capital (in Mn) 9,11,538.00 President of India Free Float Mcap (in Mn) 1,36,730.70 84.83% As on 30th Septembe
Slide 9: Financial Statements
Financial Statements
Slide 10: Financial Overview
Financial Overview Revenue from Operations (INR Mn) EBITDA (INR Mn) / EBITDA Margin 1,00,000 30,000 EBITDA EBITDA Margin 33% 35% 80,000 25,000 26% 27% 30% 21% 25% 60,000 20,000 20% 94,666 17% 20% 78,272 15,000 15% 25,131 40,000 15% 57,333 51,138 49,048 16,782 40,478 40,005 10,000 14,850 20,000 10% 8
Slide 11: Financial Overview
Financial Overview Return on Equity (%) Earning Per Share (in Rs) 35% 120 30% 100 25% 80 20% 60 31% 15% 96 24% 40 18% 10% 16% 64 15% 15% 55 12% 5% 20 32 30 25 21 0% 0 FY20 FY21 FY22 FY23 FY24 H1FY24 H1FY25 FY20 FY21 FY22 FY23 FY24 H1FY24 H1FY25 Dividend Per Share (In. Rs.) 25.00 20.00 15.00 22.19 10
Slide 12: Leadership & Senior Management Team
Leadership & Senior Management Team
Slide 13: Leadership & Senior Management Team
Leadership & Senior Management Team Shri. Sanjeev Singhal Shri. Amit Satija, IAS Chairman & MD and Director (Finance) Government Nominee Director • Associated with our Company since at MDL and Joint Secretary, January 08, 2020 MoD • Over 37 years of experience in • IAS officer of 2008 batch from AGM
Slide 14: Key Investment Highlights
Key Investment Highlights 00 wena gry ae a yaa, Hag AR PRESIDENT’S FLEET REVIEW, MUMBAI [NDIA
Slide 15: Key Investment Highlights
Key Investment Highlights 1 Only Public Sector Defence Shipyard Constructing Destroyers & Submarines 2 World Class Infrastructure 3 Completed Major Modernization Program 4 Strategically Located 5 Indigenization of Warships 6 Strong Order Book 7 Prospective Order and Bids 8 Products & Services 14
Slide 16: Only Public Sector Defence Shipyard Constructing Destroyers & Submarines
#1 Only Public Sector Defence Shipyard Constructing Destroyers & Conventional Submarines Recently delivered 1 India’s only shipyard to have built Destroyers and conventional Submarines for the Indian Navy INS Imphal Destroyer 2 INS Mormugao 6 Leander class 3 Godavari class Some of the Frigates Friga
Slide 17: World-Class Infrastructure
#2 World-Class Infrastructure Capacity & capability to build 11 Submarines & 10 Warships 300 tonne Goliath Crane spanning 138 meter Ship-building facility comprises of: • 3 Dry docks • 3 Wet basins • Module shop with • 9 Slipways painting chamber for • Production shops integrated construction • Asse
Slide 18: Undertook & Completed Major Modernization Program
#3 Undertook & Completed Major Modernization Program • MDL has undertaken a modernization programme at a cost of INR 9 Bn (~ 108 Mn USD)* • Capacity of warship building increased from 8 to 10, since 2014; Submarine building capacity increased from 6 to 11 since 2016 • Shore integration facility to e
Slide 19: Location Provides Strategic Advantage
#4 Location Provides Strategic Advantage Europe West Asia Mumbai Pacific Rim Strategic Advantages: Closer co- Access to Competitive Location ordination Labour Advantage Location on Indian west Being present in western Majority of sub-contractors Location of facilities provide coast connects with bus
Slide 20: Increase in Indigenization of Warships and Submarines
#5 Increase in Indigenization of Warships and Submarines Set up a dedicated “Make in India” Department for Indigenization Successfully indigenised equipment such as: Sonar Dome for Ships Ship installed chemical agent Large number of detection system Indigenous content in equipment Indigenization
Slide 21: Strong Order Book
#6 Strong Order Book Particulars Nos. Client Value (INR mn) Shipbuilding P15B Destroyers * 1 MoD 88,410 P17A Stealth Frigates 4 MoD 1,55,690 ICGS (CTS,NGOPV,FPV) 21 ICG 28,670 Multipurpose Hybrid Powered Vessel 6 European 7,050 Submarine and heavy engineering P75 Kalvari Submarines* 1 MoD 35,310 Med
Slide 22: Prospective Orders and Bids
#7 Prospective Orders and Bids • MDL is strong contender in future projects of Indian Navy, Indian Coast Guard and Overseas Clients • MDL is confident that the following business opportunities will be in its favour. Project Nos. Client Approx Value (INR Mn) P17A Frigates Repeat Order 4 MoD/IN 3,50,0
Slide 23: Product & Services - Shipbuilding
#8 Product & Services - Shipbuilding PLATFORMS • Naval Vessels • Commercial Vessels 1 SERVICES • Repairs and Refits • Design of Warships and Commercial Ships 2 • • Transfer of Technology Training PRODUCTS • Equipment / Systems for Marine and Oil & Gas Industry 3 • AI Enabled / VR / AR Products INFRA
Slide 24: Product & Services – Submarines (1/2)
#8 Product & Services – Submarines (1/2) MDL diversifying into various innovative products for both domestic and International market apart from main weapon platforms. 1. Midget Submarine MDL’s flagship R&D program with the ultimate goal of designing India’s first truly Indigenous Conventional Subma
Slide 25: Product & Services – Submarines (2/2)
#8 Product & Services – Submarines (2/2) 4. Autonomous Underwater Vehicle ( AUV) - MDL developing variety of underwater platforms with use of modern technology and artificial intelligence. a) Swarm Drones The swarm of AUVs will help in locating mines and neutralizing it after getting confirmation fr
Slide 26: Strategy & Government Push
Strategy & Government Push 00 wena gry ae a yaa, Hag AR PRESIDENT’S FLEET REVIEW, MUMBAI [NDIA
Slide 27: Strategy
Strategy Diversification of Revenue Stream 1 2 3 Focus on offshore Focus in ship Export of products to the international market repair business oil platform Reviving exports to Latin America, Africa, South East Asia, Middle East and Scandinavian regions, entering Increased impetus Bagged three
Slide 28: Government Push
Government Push • Inland waterways traffic to shoot up 15x over the next 20 years • Indian Navy announced an indigenization plan of up to • Capacity augmentation to result 2030, in July 2015 in 5x rise in traffic capacity, from Sagarmala the existing 350 million tonnes • Industry to play a vital rol
Slide 29: Awards & Recognitions
Awards & Recognitions wena gry ae a yaa, Hag AR PRESIDENT’S FLEET REVIEW, MUMBAI [NDIA
Slide 30: Awards & Recognitions
Awards & Recognitions Year Particulars • Dun & Bradstreet Public Sector Excellence Award 2024 under "Defence Production (CPSU)" category. 2024 • Global Inclusion Award 2024 under “ DEI Power Champion” • Best Coordinator CCQC 2023 • National Awards for Excellence in CSR & Sustainability about concern
Slide 31: Annexure
Annexure 00 wena gry ae a yaa, Hag PRESIDENT’S FLEET REVIEW, MUMBAI
Slide 32: Restated Consolidated Profit & Loss Account
Financial Statements Restated Consolidated Profit & Loss Account INR Mn 31-Mar-20 31-Mar-21 31-Mar-22 31-Mar-23 31-Mar-24 H1FY24 H1FY25 REVENUE Contract & other operating revenue 49,048 40,478 57,333 78,272 94,666 40,005 51,138 Other income 5,582 5,741 4,103 6,868 11,015 4,841 5,253 Total revenue 54
Slide 33: Thank You
Thank You
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